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#ADX / USDT : Technical Analysis
TF : 4H
- The price is currently in an uptrend and showing respect for the 200 exponential moving average (EMA).
- At the moment, the price is finding support above the 200 EMA and has recently broken out of a counter trend line.
- It is anticipated that the price will either test its previous swing highs or form new highs. To go for an upside move, it is recommended to wait for the price to break out above the $0.199 level and place your stop loss below the previous swing low.
Expected Returns : 21%
Plan :
Entry : $0.199
Target : $0.217 and $0.243
SL : $0.182
TF : 4H
- The price is currently in an uptrend and showing respect for the 200 exponential moving average (EMA).
- At the moment, the price is finding support above the 200 EMA and has recently broken out of a counter trend line.
- It is anticipated that the price will either test its previous swing highs or form new highs. To go for an upside move, it is recommended to wait for the price to break out above the $0.199 level and place your stop loss below the previous swing low.
Expected Returns : 21%
Plan :
Entry : $0.199
Target : $0.217 and $0.243
SL : $0.182